Bitcoin rallies past $15,000, 10 hours after it hit $14,000

11:33 07.12.2017

On Thursday, bitcoin demonstrated impressive results, crossing the shocking $15,000 mark 10 hours after reaching $14,000. The outcome was obtained on the Coinbase exchange on Thursday at 10 a.m. London time, the cryptocurrency traded at $15,200 on the platform.

However, as usual there are considerable price differentials on a variety of bitcoin exchanges. For example, on CoinDesk Bitcoin hasn’t crossed the $15,000 yet.

Bitcoin currently boasts a market value exceeding $256 billion. It means it would rank among the 20 leading stocks in the S&P 500. The fresh jump took place as bitcoin hit $12,000 on Tuesday night in a fast revival from a 20% sag the previous week.

As a matter of fact, the digital currency started 2017 below $1,000. Its revenues have added as investor interest goes up.

Meanwhile, on Sunday Chicago-based Cboe Global Markets is on the verge of launching bitcoin futures, while the world's number one futures exchange, CME is about to roll out its futures product next week.